Leveraging AI for Strategic Decisions during Polycrisis: Evidence, Risks, and Insights in the Indian Context

Abstract This paper analyses how Indian establishments leverage artificial intelligence (AI) to improve strategic decision-making during polycrisisa era defined by numerous, converging disruptions spanning economic volatility, technological revolution, environmental challenges, and geopolitical pressures. Through comprehensive analysis of current sectoral data, regulatory documents, and empirical case studies from Indian enterprises across different industries, this study reveals a landscape characterized by rapid AI adoption complemented by significant challenges in ethics, skills development, and governance frameworks. The research proposes a context-specific framework for harmonizing innovation with robust regulatory oversight, emphasizing organizational resilience, transparency, and sustained human-AI collaboration as critical success factors. The findings demonstrate that while Indian organizations are making considerable progress in AI integration, the transition from experimental deployments to mature, production-scale implementations requires addressing important gaps in talent development, ethical frameworks, and cross-sectoral governance mechanisms (NASSCOM, 2024; IBM, 2023). Keywords: Artificial Intelligence, Polycrisis, Decision Making, Risk Management, Innovation, Indian Corporates, Governance, Resilience, Strategic Decision-making, Digital Transformation